Marriott International plans to open four new hotels in Vietnam in 2026 and expects to open more than 50 additional projects. Plus, more hotel deal and development news from APAC.
CoStar said Phu Quoc's hotel occupancy exceeded 90% in early 2026, closing the gap with Southeast Asian rivals Bali and Phuket. Plus, more hotel deal and development news.
Marriott International's Fairfield by Marriott brand reaches 150 combined open and pipeline hotels in Greater China, growing 50% in just over a year. Plus more hotel deal and development news items.
Onyx Hospitality Group said it's planning to launch Onyx Leasehold Real Estate Investment Trust, combining four properties. Plus more hotel development news from Asia Pacific.
Riyaz partners with Jin Jiang Hotels to expand five brands across Southeast Asia, signing first management agreement for Metropolo in Luang Prabang, Laos.
Minor International plans to reduce $7 billion in liabilities by launching a real estate investment trust, while expanding its global hospitality portfolio, including new ventures in Japan and Singapore.
Kamah Hotels & Resorts has partnered with Wyndham Hotels & Resorts in a $70 million deal to develop four new hotels in Dubai and India, focusing on luxury and wellness hospitality under the Trademark Collection by Wyndham brand.
Hyatt Hotels Corporation has acquired Standard International's brands, expanding its asset-light portfolio in Asia with upcoming properties such as The Standard, Singapore, and The StandardX in Bangkok Phra Arthit, along with Standard Residences under development in Phuket and Hua Hin.